Euro within Trading zone for the coming Short-Run

Euro within Trading zone for the coming Short-Run

Rami
05 (12) 2016 - 11:03 (GMT)
0

Italy fell into political limbo after Prime Minister Matteo Renzi announced his resignation, with rival parties jockeying to fill the power vacuum following his crushing defeat in a constitutional referendum.

Short-Run Indicators showing ability for EURUSD to head for trading zone ahead of ECB meeting this week to decide over the current Quantitative Easing program< while awaiting Fed Rate decision next week.

Indicators showing ability for small trading zone between resistance (1.0690) & support level (1.0500) for the coming interval, while a bigger trading zone showing resistance at (1.0740-60) and main support (1.0460) which may hold the market between those levels until Fed Rate decision next week.

Such resistance and support levels may provide good Long(Buy) & Short(Sell) opportunity  

 

EURUSD

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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